Artificial intelligence is transforming business and revolutionising industries in ways we've never seen before. From powering voice assistants like Siri and Alexa to advancing healthcare through innovative...
New Zealand’s new Biometric Processing Privacy Code (the Code) is transforming how organisations collect, store, and use biometric data. This is the country’s first dedicated framework for...
In today's dynamic business environment, maintaining a focus on workplace health and safety is not just a legal obligation but a strategic necessity. Having an effective, structured process will protect...
Struggling to navigate the shifting landscape of AI regulation? As global legislation evolves rapidly, businesses in Australia and New Zealand face growing uncertainty. While the EU leads with its AI Act...
New Zealand's environmental law is navigating several notable challenges. The ongoing shift from the Resource Management Act brings about transitional legal complexities, varying regionally and constrained...
In today's unpredictable world, events like global financial crises, natural disasters, and workplace tragedies have led to significant legislative changes affecting general insurance businesses in New Zealand. This, along with increased regulatory emphasis on compliance, can leave you feeling overwhelmed about ensuring your compliance program protects your organization from risks.
To help, we’re offering this free General Insurance Checklist, developed from the LexisNexis Regulatory Compliance register. It guides the New Zealand insurance sector in managing obligations and adhering to the Insurance (Prudential Supervision) Act 2010, the Financial Markets Conduct Act 2013, and other legislation, providing a step-by-step approach to implementing procedures, managing risks, and maintaining best practices.
About the General Insurance Compliance Register
The General Insurance compliance register is a comprehensive resource designed for general insurance providers in New Zealand. It covers all legislated obligations, from obtaining a license and operating the business to handling complaints and addressing potential penalties for breaches. The module offers practical guidance to ensure compliance and helps establish and maintain best practice processes. Additionally, it addresses possible exemptions to these obligations and their applicability to insurance providers, covering 19 specific topics to support effective compliance management.
Fill out the form to download the checklist.